Case Study
Annual Budget Reboot
- Jeremy Clyde
Technology
INDUSTRY
1,500
EMPLOYEES
$350M
ANNUAL REVENUE
Background
Our client’s budget approval meeting highlighted key gaps in assumptions, level of detail, accuracy, and storyboard, failing to garner leadership approval. Our S+H Consulting team was brought in to rebuild the annual budget.
Objective
- Ramp up company strategy, business initiatives, and corresponding financial objective
- Partner with functional budget owners to understand quality of data inputs and identify areas of risk and opportunity
- Define and approve underlying budget assumptions
- Deliver and obtain leadership approval on re-constructed annual budget
Solution
- De-construct existing budget details and identify key building blocks and sources
- Partner with functional owners to understand nature and quality of data
- Identify and address risks and opportunities in budget building blocks
- Re-construct fully transparent budget
- Build out executive facing budget storyboard with right balance of summaries and detail
EXECUTIVE LEADERSHIP APPROVED + PRAISED RE-CONSTRUCTED BUDGET.
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